TIA Seed Funding Call – Industrial Programme
As an implementing partner of the Technology Innovation Agency (TIA), Propella is excited to announce the 2024/25 Seed Fund Programme Call for Applications.
This initiative supports innovative products in the early stages of technology development, such as proof of concepts and prototypes, that address real societal
challenges while showcasing strong market potential within the following sectors:
- Renewable Energy
- Energy Efficiency
- Advanced Manufacturing
- Internet of Things (IoT)
- Smart City Solutions
- Clean Tech/Circular Economy
The call is now open for the two sub-programmes, namely Pre-seed Fund sub-programme and Seed Fund sub-programme
PRE-SEED FUND SUB-PROGRAMME
The Pre-Seed Fund supports projects in early development stages, including proof of concept studies, prototype development, and market research.
This funding aims to help innovators achieve technical feasibility.
Funding Limit: Up to R800,000
Duration: 12–18 months
SEED FUND SUB-PROGRAMME
The Seed Fund is designed for projects that have successfully completed the Pre-Seed stage and
require additional funding for further technology development toward market access.
The goal is to achieve a minimum viable product (MVP) ready for piloting, market testing, and regulatory approval.
Funding Limit: Up to R1,500,000
Duration: 12–24 months
Application Process
The process begins with a pre-assessment application, which ensures clarity on the innovation’s novelty and development stage.
Based on this assessment, selected entrepreneurs will be invited to complete a detailed application form.
Adjudication: Propella will shortlist applications for review by a joint TIA/Propella adjudication panel.
Closing Date: Applications close on 16 January 2025.
For more details, contact us at info@propellaincubator.co.za and follow us on social media platforms @propellabusinessincubator